The EMPEA Fundraising Masterclass on 27 October, presented with Debevoise & Plimpton and with special thanks to our London host European Bank for Reconstruction and Development (EBRD), offers an opportunity for managers with funds in the market, first-time fund managers and new hires to hear directly from LPs and industry experts on actionable fundraising advice and common pitfalls.

EMPEA’s Investor Relations and Marketing Member Community is a special community within the EMPEA membership for IR, marketing, business development and communications professionals. The individuals in this group share a high level of expertise in their fields as well as a passion for emerging markets.

This annual in-person gathering will take place during EM PE Week in London and will facilitate peer-to-peer networking upon which this community was founded.

Global investment management firms Hillhouse Capital and Warburg Pincus have led a Series C round of more than US$100 million for China-based bike sharing mobile application Mobike. Venture capital firms Sequoia Capital and Qiming Venture Partners also participated in the round. Mobike was launched in December 2015 and has an estimated 200,000 registered users.

India-focused private equity firm IDFC Alternatives has agreed to acquire a 24 megawatt wind power generation business in Maharashtra from National Stock Exchange-listed power generation company Jindal Steel and Power. IDFC will invest through India Infrastructure Fund II. Financial details of the transaction, which is subject to customary regulatory approval, were not disclosed.

Investec Asset Management’s African private equity arm has invested in Germany-based Mobisol, a provider of off-grid solar home systems in Africa. Development finance institutional DEG also participated in the transaction. Mobisol has installed more than 60,000 solar home systems in Tanzania and Rwanda and is entering the Kenyan market. Financial details of the transaction were not disclosed.

Accion Venture Lab, the early-stage investment vehicle of financial inclusion-focused investor Accion, has led a financing round for South Africa-based online lending platform Lulalend. Impact investor Newid Capital and investment holding company Hallman Holding International Investment also participated in the round. Lulalend will use the new capital to expand its team and develop and scale its offerings. Financial details of the transaction were not disclosed.

Global infrastructure investment manager I Squared Capital has agreed to acquire a 100 percent stake in United States-based power generation and transmission company Duke Energy International’s Latin American businesses, excluding Brazil, at an enterprise value of US$1.2 billion. I Squared will invest through ISQ Global Infrastructure Fund. The transaction, which is subject to customary closing conditions and approvals, is expected to be completed in the coming months.

MENA-focused investment firm Catalyst Private Equity has reached a first close for Catalyst MENA Clean Energy Fund with US$48 million in commitments. Investors in the fund include development finance institutions DEG, FMO and Finnfund and clean energy-focused fund of funds GEEREF. DEG committed EUR10 million (approximately US$11 million). The fund will invest in renewable energy infrastructure and energy efficiency-focused companies and is targeting US$100 million in total commitments.

The Blackstone Group reportedly has agreed to sell China-based information technology outsourcing firm Pactera Technology International to China-based shipping and airline conglomerate HNA Group for US$675 million. The transaction values Pactera at US$930 million, including debt. Blackstone originally invested in Pactera in 2014 as part of a consortium that delisted the company from the NASDAQ exchange.

Korea-focused private equity firm VIG Partners, formerly known as Vogo Investment, has reached a first close for its third fund with KRW513 billion (approximately US$462 million) in capital commitments. Investors in the fund include both domestic and international institutions. South Korea’s National Pension Service committed KRW202 billion (approximately US$182 million). The fund is targeting US$600 million in total commitments.

Presented with the Financial Times
InterContinental Park Lane
LondonLearn more »

Complimentary passes available for qualified institutional investors and special rates available for EMPEA Members. There are also discounted package rates with the Private Equity in Africa leadership summit.

Co-hosted by EMPEA, Financial Times and Debevoise & Plimpton
No. 4 Hamilton Place
LondonLearn more »

This exclusive networking event for EMPEA Members and invited guests is held during EM PE Week in London 25-27 October 2016. For more information or to register for EM PE Week in London, please click here.

Presented with the Financial Times
InterContinental Park Lane
LondonLearn more »

Complimentary passes available for qualified institutional investors and special rates available for EMPEA Members. There are also discounted package rates with the Sustainable Investing in Emerging Markets leadership summit.

EMPEA seeks a Programs and Business Development Manager to support its leading industry events, which focus on delivering the most relevant and up-to-date content to executive-level emerging markets private equity practitioners, while promoting a better understanding of the asset class to global stakeholders. This person will report to the Vice President of Programs & Business Development.

For more information, including responsibilities and qualifications, please click here.

Millennium Challenge Corporation is hiring for the position of Senior International Attorney to serve as a critical member of MCC's partner country teams to provide ongoing support and legal advisory services with respect to complex and difficult questions of U.S. and international law, regulations, policies and related MCC operational program issues.

To see current open positions and for more information, including responsibilities and qualifications, please click here.

The University of Texas Investment Management Company (UTIMCO) has open positions for their EM team. UTIMCO manages investment assets for The University of Texas System and Texas A&M University System.

To see current open positions and for more information, including responsibilities and qualifications, please click here.

About EMPEA

EMPEA is the global industry association for private capital in emerging markets. We are an independent non-profit organization with over 300 member firms, comprising institutional investors, fund managers and industry advisors, who together manage more than US$1 trillion of assets and have offices in more than 100 countries across the globe. Our members share EMPEA’s belief that private capital is a highly suited investment strategy in emerging markets, delivering attractive long-term investment returns and promoting the sustainable growth of companies and economies. We support our members through global authoritative intelligence, conferences, networking, education and advocacy. For more information, visit empea.org.